Cotton price falls and returns to mid-August level

Feather prices are falling in the Brazilian market and have returned to the level observed in mid-August this year, as shown by data from Cepea. This Tuesday, 21st, the CEPEA/ESALQ Indicator, with payment in 8 days, closed at R$5,1864/lp, a drop of 1,96% between September 14th and 21st.

According to Cepea researchers, the pressure comes from the increase in the supply of lint in the national spot – due to the advance in processing – and also from external devaluations.